17173 46th Ave - Storefront Retail/Residential FOR SALE


Flushing, NY 11358- East Flushing
$1,650,000 USD
646-889-9988
17173 46th Ave, Flushing, NY for Sale
$1,650,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 6.57% Cap Rate

17173 46th Ave
Flushing, NY 11358
East Flushing


HIGHLIGHTS

  • Two ground-level commercial units with established tenancy and basement storage.
  • Two renovated residential apartments, including a private rooftop terrace feature.
  • Separate electric and gas metering for residential and commercial spaces.
  • Garage parking enhances demand and provides additional functionality.
  • Strong income profile with projected annual net income of over $108,000.
  • Convenient access to major transportation options and neighborhood amenities.

OVERVIEW

Strong mixed-use investment opportunity in Auburndale, Flushing. With 3,800 SF of building area, this property offers multiple income streams through commercial retail space, two residential units above, and a garage with storage spaces. Zoned R3-2 with C1-3 commercial overlay. Buyer should independently verify zoning, permitted use, and occupancy. The first floor space includes one retail space (with basement access) and one storage space (with basement access). The second floor Includes 2 residential units, specifically a one-bedroom and a two-bedroom apartment, (the one-bedroom unit features a large private terrace). Additional features include separate electric and gas meters for residential and commercial tenants, plus garage parking. Conveniently located near Northern Boulevard, supermarkets, restaurants, shopping, and everyday amenities, with access to Q26, Q27, and Q31 bus lines connecting to Downtown Flushing, the 7 subway line, and Auburndale LIRR station. A practical opportunity for investors seeking a mixed-use asset with existing income, flexible space, parking, and long-term value in an established Flushing neighborhood.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$670 USD /SF

CAP RATE

6.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C1-3/R3-2

APN/PARCEL ID

05525-0002

ASK ABOUT THIS PROPERTY

Li LiB Square RealtyMore Info
646-889-9988

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Li LiB Square RealtyMore Info
646-889-9988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.